An Act establishing an economic development special revenue account for the town of Hopkinton

HD 4921 creates a dedicated "Economic Development Special Revenue Fund" for Hopkinton, Massachusetts, using the town’s local meals tax revenue (collected under Chapter 64L, Section 2 of the General Laws). The fund finances economic development projects, business retention efforts, infrastructure improvements, and related activities within Hopkinton. It requires the town treasurer to publish an annual financial report detailing fund revenues, expenditures, and balances by October 1 each year. The fund can be terminated by a 2/3 vote of the town meeting, returning any remaining funds to the general town fund.